Picture this: You've fallen in love with Thailand’s stunning beaches, vibrant culture and affordable lifestyle. You're ready to invest in a property, but one question stops you—can foreigners even buy property in Thailand?
It’s a common concern. Stories about complicated rules and foreign ownership restrictions can feel overwhelming. But here’s the good news: yes, foreigners can buy property in Thailand—with a few limitations.
The Basics of Buying Property in Thailand as a Foreigner
- Condos Are Your Best Bet Foreigners can directly own condominium units as long as foreign ownership doesn’t exceed 49% of the building's total units. This is the most straightforward option and makes condos a popular choice for foreign buyers.
- Land Ownership Restrictions Foreigners cannot own land in Thailand. But don’t worry—there are alternatives. You can lease land long-term (up to 30 years) or set up a Thai Limited Company to purchase the land. Both methods are legal, but require careful planning and advice from experts.
- Buying Property Through a Thai Spouse If you’re married to a Thai national you can buy property in their name. However, this means the property legally belongs to your spouse and you’ll need to sign paperwork acknowledging this.
- Navigating the Legal Process Whether buying a condo or using a lease arrangement the process involves due diligence, purchase agreements and paying transfer fees. A reliable lawyer will help ensure everything goes smoothly
Make It Easy with Wizer Properties
Buying property in Thailand doesn’t have to be complicated. At Wizer Properties, we specialise in helping foreigners navigate the process. Whether you're looking for a condo or exploring land leasing options our platform makes finding your dream property hassle-free.
Ready to take the next step? Check out our listings on Wizer Properties and browse our blogs for more expert advice on buying property in Thailand!
